Golden Crown Co., Ltd. signed a sales contract of 70 million yuan for lithium battery energy storage system in the field of energy storage.

On January 26th, Golden Crown signed a "sales contract" with Sinooverseas Narendai Energy Development (Beijing) Co., Ltd. (hereinafter referred to as "CNOOC Narentai"). The amount of money is RMB 70000000.

On the evening of November 28th, Golden Crown shares (300510) announced that on November 26th, the company signed a "sales contract" with Sinooverseas Narendai Energy Development (Beijing) Co., Ltd. (hereinafter referred to as "CNOOC Narentai"). The company plans to purchase a lithium battery energy storage system from the company for 70000000 yuan.

Golden Crown shares said that if the contract is carried out smoothly, it is expected to have a positive impact on the company's future operating performance, will not affect the company's operational independence, and will not form a significant dependence on the other party as a result of the performance of the contract.

It is reported that Golden Crown, founded in October 2006, is a high-tech enterprise focusing on the field of "smart Electroweb + new energy", covering intelligent Electroweb equipment, new energy vehicle charging facilities and energy storage.

Everbright Securities Research report shows that in the first half of 2021, Golden Crown shares established energy storage business as the key development direction, and will focus on the overall integration of energy storage systems and the independent R & D and production of PCS two-way energy storage converters in the future. The company's energy storage products and solutions will be introduced to the market in the second half of the year. On August 26, 2021, the company issued a notice on the intention to change the company's business scope and amend the articles of Association, which intends to bring the R & D, production, sales and service of photovoltaic inverters, wind energy converters and energy storage bi-directional converters, electrochemical energy storage equipment R & D and production, integrated supply and installation, service, commissioning and operation and maintenance into the company's business scope.

Golden Crown's main energy storage products cover bi-directional energy storage converters, distributed bi-directional active balancing BMS battery management systems, EMS energy management systems, battery modules, battery clusters and energy storage integration. The company participated in the formulation of the "General Technical Specification for the Safety of Lithium Ion Battery system for Energy Storage". In the application of core technology, it pays attention to automatic charge and discharge, wide temperature range adaptability, modular design, flexible multi-machine parallel connection and so on. with intelligent monitoring, omni-directional protection functions, with strong market competitiveness.